Brace Port Logistics Ltd
Price Range
₹76 - ₹80
Min. Quantity
1,600
Closes on
21 August 2024
Min. investment
₹1,28,000/1,600 Shares
Brace Port Logistics Ltd IPO Timeline
Brace Port Logistics Ltd was incorporated as a Private Limited pursuant to a Certificate of Incorporation dated November 07, 2020 issued by the Central Registration Centre, Manesar. Subsequently, Company was converted into a Public Limited and the name of the Company changed to 'Brace Port Logistics Limited'. A Fresh Certificate of Incorporation upon conversion from Private Limited to Public Limited was issued in Delhi on August 07, 2023.
| Event | Date |
|---|---|
| Brace Port Logistics Ltd IPO Opening Date | 19 August 2024 |
| Brace Port Logistics Ltd IPO Closing Date | 21 August 2024 |
| Basis of Allotment | 22 August 2024 |
| Initiation of Refunds | 23 August 2024 |
| Credit of Shares to Demat | 23 August 2024 |
| Brace Port Logistics Ltd IPO Listing Date | 26 August 2024 |
Brace Port Logistics Ltd IPO Details
| Brace Port Logistics Ltd IPO Date | 19 August 2024 to 21 August 2024 |
| Brace Port Logistics Ltd IPO Face Value | ₹10 per share |
| Brace Port Logistics Ltd IPO Price | ₹76 to ₹80 per share |
| Brace Port Logistics Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹24.41 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹24.41 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Yash Pal Sharma, Tarun Sharma, Sachin Arora |
Brace Port Logistics Ltd IPO Lot Size
The Brace Port Logistics Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,28,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,28,000 |
| Maximum | 1 | 1,600 | ₹1,28,000 |
- Strengths
- Risks
- Opportunities
- Accomplished Leadership Team and qualified workforce.
- Long Lasting Business Relationships.
- PAN India and Global Reach.
- Comprehensive Solutions for Transportation requirements.
- Diverse customer base across many sectors.
- Technology integrated services.
- Quality of Services.
- Supplier Relationship.
Company Financials
Brace Port Logistics Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 27.83 | 55.25 | 4.89 |
| 03-2023 | 13.11 | 70.94 | 6.18 |
| 03-2022 | 11.79 | 54.2 | 3.22 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the working capital requirement of the company
- General corporate purposes
Brace Port Logistics Ltd IPO Promoter Holding
| Pre Issue Share Holding | 1.03% |
| Post Issue Share Holding | 0.75% |
Brace Port Logistics Ltd IPO Subscription Status (Bidding Detail)
The Brace Port Logistics Ltd IPO is subscribed 617.2527 times on 21 August 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 617.2527 |
Brace Port Logistics Ltd IPO Prospectus
Brace Port Logistics Ltd IPO Listing Date
| Listing Date | 26 August 2024 |
| BSE Script | 92284 |
| NSE Symbol | BRACEPORT |
| Listing In | NSE - SME |
| ISIN | INE0R4Z01018 |
| IPO Price | ₹80 |
| Face Value | ₹10 |
Company Contact Information
A-182 Mahipalpur Extension 5Road No 4 South Delhi,Mahipalpur-110037
Phone: 011-4172 9003
Email: info@braceport-logistics.com
Website: www.braceport-logistics.com
Brace Port Logistics Ltd IPO Registrar
Brace Port Logistics Ltd IPO Lead Manager(s)
- Holani Consultants Pvt Ltd
FAQ
What is the issue size of Brace Port Logistics Ltd IPO?
I have pre-applied for Brace Port Logistics Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.